S-M Mortgage

[omnishield]

Anyone here got a readvanceable mortgage in Toronto? I'm interested in starting one and am wondering what people's experiences are with different banks.

What kind of rates are you getting?

 

[isittimetomoveyet]

This site has some good examples of readvanceable mortgages in Canada and lots of good info on the Smith Maneuver...

http://www.milliondollarjourney.com/diy-smith-manoeuvre-ii-the-readvancable-mortgages.htm